Reports released here in the mid-parts of October have shown that foreclosures have increased over the past few months but are still lower than we saw this time last year, yet this does not necessarily point to good news for homeowners who are attempting to prevent foreclosure through various assistance opportunities. In fact there...
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Despite recent reports that some consumers have seen rises and delinquencies on certain types of debts, there are also some indications that banks are beginning to offer credit cards to bad credit borrowers once more, which may be the result of various factors in the credit card industry and in what certain lenders are...
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Homeowners who are using refinancing as a way to lower their mortgage payments or simply find a more affordable way to get out of debt sooner have focused on specific types of loans as of late, according to recent reports, which indicate that homeowners who are looking to refinance and take advantage of low...
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Recent changes in checking and other banking areas has led some consumers to either reconsider their financial institutions ability to service their needs or at least look into alternative options for certain types of banking requirements, like checking accounts, that are often used by consumers for a variety of purchases. Online checking account opportunities...
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Currently we have an unemployment rate of around 9.1% but this is a national rating and does not necessarily reflect certain state unemployment rates which may be much higher and well into the double digits. As a result of problems resulting from joblessness, many consumers are seeing issues related to various debt obligations that...
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The homeowner Unemployment Program offering forbearance opportunities from the federal Making Home Affordable initiative saw improvements between reports released by the Treasury Department from July to August, as information tracking the progress of this particular plan showed that between June and July of 2011 there were increases in the total number of forbearance plans...
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There are homeowners who are still struggling with negative equity as a result of a drop in property value but despite the fact that it’s been reported that around 22% of homeowners have a problem with negative equity, there remains few opportunities for these men and women to find a solution that may offer...
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Wells Fargo homeowners seeking a trial home loan modification plan may be pleased to know that there have been increases in the number of active trial modifications that have been made, as are the most recent report released here in October that has tracked data from the Treasury Department through the month of August....
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Recent data has shown that the number of delinquencies that consumers face in terms of loans have increased as of late, which may be an indication that more consumers will require debt repayment assistance when it comes to either avoiding delinquencies in the future or repairing their finances after missing these payments as a...
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The number of second lien modifications that were made available to homeowners as of August increased within the Making Home Affordable Program, according to reports that were released here in October by the Treasury Department. This issue of second liens has been a concern for some due to the fact that a primary home...
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